Forum Topics MKL MKL Mighty Kingdom - MKL
Hackofalltrades
Added 3 years ago

These guys are a microcap (25m market cap)  business who create games. They seem to have a similar model to Playside in that their revenue comes from a combination of work for hire and other game development. Similar to Playside, they seem to be trying to move to a more independent and less work for hire style business. 

Company is showing decent growth, but I'm not sure how much that is to do with marketing and jobkeeper is distorting the figures this year. They are burning cash at a concerning rate. 


~30% of shares are held by the managing director.

One of their main game series was their Shopkins series.  There were ~10 games in that series with a total of 38 mil downloads and a peak of 5.5 mil players in a month. 

Particularly popular was

 

Shopkins: Welcome to capitalism baby (Okay, I made that part up) 

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